![Cato asks “Cash for Clunkers: Dumbest Program Ever?” and answers:
Farm subsidies are unjust. Trade restrictions are counter-productive. Energy regulations have done great damage. Housing policies helped cause the financial crisis. But for pure dumbness, Cash for Clunkers takes the cake.
How folks respond to this crisis reveals who understands and values markets and liberty and who does not. Centralized command is a horrible way to (mis)manage health care, automobiles, housing, banking, agriculture, and on and on. Centralized command is not safe for work.
[photo source]](http://28.media.tumblr.com/tumblr_kov02j0ksv1qzp6bjo1_400.jpg)
Cato asks “Cash for Clunkers: Dumbest Program Ever?” and answers:
Farm subsidies are unjust. Trade restrictions are counter-productive. Energy regulations have done great damage. Housing policies helped cause the financial crisis. But for pure dumbness, Cash for Clunkers takes the cake.
How folks respond to this crisis reveals who understands and values markets and liberty and who does not. Centralized command is a horrible way to (mis)manage health care, automobiles, housing, banking, agriculture, and on and on. Centralized command is not safe for work.
[photo source]
